Cube Infrastructure Managers has agreed to acquire a 70-percent stake in Austrian temperature-controlled logistics operator Müller Transporte on behalf of Cube Infrastructure Fund III.
Fritz Müller, who has led the family company’s successful development over the last decades, will retain a 30-percent stake and Fritz and Karin Müller will continue to lead the Group as CEO and CFO, respectively. The closing of the transaction is expected to take place in the coming weeks.
Müller Transporte is one of Austria’s leading transport companies in the field of temperature-controlled logistics. The company is headquartered in Wiener Neudorf in the Vienna area and offers temperature-controlled transport solutions to its clients in the food and pharma sectors by leveraging a network of four strategically located platforms and a fleet of about 375 Euro-6 trucks and other vehicles. The group employs about 700 people and generated revenues of over €100 milli